Air, Business, Freight News

Higher yields offset tonnage fall at IAG

[ March 4, 2013   //   ]

IAG Cargo has reported fourth quarter commercial revenue (flown revenue plus fuel surcharges) of €329 million for the last quarter of 2012 versus €310 million in the same period last year. For the full year IAG Cargo reported commercial revenue of €1,217 million, an increase of 2.3 per cent on the same period in 2011. While cargo volume for the quarter was 2.2% down on last year, overall yield was up 8.5%.